Italy's ‘Ultra Fast' Hyperloop Train Reaches Major Milestone
The Hyper Transfer hyperloop project, on which research first began in 2013, will commence construction work on a test track in Veneto, spanning 10 kilometers (about six miles) between Padua and Venice.
The hyperloop project is designed to transport passengers and cargo at record speeds of up to 1,200 kilometers per hour, thanks to the use of magnetic levitation through vacuums.
The vacuum means there is no air resistance on the front of the vehicle, allowing transport tubes to move at very high speeds. The technology has been tested in various parts of the world, including India, but the construction of a test site in Italy would be a major breakthrough for the concept in Europe.
The hyperloop project has completed its feasibility study phase, with Luca Zaia, the president of the Veneto region, announcing that the test track would be built in his area.
Zaia told the Transportation Logistics Fair in Munich this week: "It is not a futuristic vision but a concrete project born in Veneto...A revolutionary technology, strongly desired by the Veneto Region, which is now entering its operational phase."
A consortium of four companies is managing the project: HyperloopTT, a Los Angeles-based technology provider and designer; Webuild, Italy's largest engineering contractor; Leonardo, a multinational aerospace and defense monitor; and Hyperloop Italia, the body that licenses the infrastructure.
The test track will occupy a 10-kilometer stretch of land. It will be designed to carry both passengers and cargo, allowing the loop's safety systems and energy management technology to be properly tested.
HyperloopTT CEO Andrés de Leónsaid in a statement to Newsweek: "This is the moment HyperloopTT has been working towards since 2013. We thank the Italian government, the Veneto region, and CAV for their vision and commitment to sustainable innovation.
"We've partnered with some of the best engineering and transportation companies in the world, all with deep roots in the region. We look forward to bringing this first of many hyperloop systems to the world."
HyperloopTT COO Andrea La Mendola said: "Italy has always been a cradle of creativity, innovation, and progress, from the artistic brilliance of the Renaissance to the engineering prowess behind their high-speed trains. Today, we stand at the dawn of a new era, poised to redefine mobility once again with the 'Hyper Transfer' project.
"This hyperloop system is not just about connecting Venice and Padua in record time; it is a testament to Italy's unwavering spirit of innovation and their commitment to sustainable and efficient transport."
The testing process is expected to take several years, although engineers hope that parts of the infrastructure will be operational by 2030.
Related Articles
How to Watch Norway vs Italy: Live Stream FIFA World Cup Qualifiers, TV ChannelAmerican's Trip to Italy Leads to Shocking Revelation About US: 'So Much Resentment'Mount Etna Erupts: Watch Live Feed of June 2 EruptionRule Change Hits Americans Seeking Italian Citizenship: 'Real Gut Punch'
2025 NEWSWEEK DIGITAL LLC.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
New York Post
13 minutes ago
- New York Post
Shuttered Albany restaurant popular with NY elite, politicians to reopen as members-only social club
An Albany restaurant that used to feature a clientele list teeming with some of the most powerful politicians in New York is set to reopen as a private members' dining club in late 2025. The La Serre restaurant closed in 2020 after it was unable to bounce back from the COVID-19 lockdown, with much of its business at the time relying on large gatherings like banquets and receptions, founder Anne Trimble told the Times Union. The French-based restaurant originally opened in 1977 and quickly became a favorite among New York's political elite on both sides of the aisle during its run, including former Govs. Hugh Carey, Mario Cuomo, George Pataki and Andrew Cuomo. Advertisement Albany's La Serre restaurant will be taken over by an exclusive politician nightclub. Albany Times Union via Getty Ima Now, Mayor Eric Adams' spokesman Todd Shapiro is looking to revamp the historic mainstay alongside Greg Caggiano and Todd Miller of the law firm Miller & Caggiano. 'This is going to be the most important political and social venue north of Manhattan. We're bringing back the old-school power — but with a modern twist: young, trendsetting, high-end, and unapologetically political,' Shapiro said. Advertisement Their vision centers around elevating the old restaurant's history by making it a hotspot for 'high-level networking, private events, and political strategy' while filling the space of a much-needed 'contemporary social anchor,' according to a press release. They plan to make it highly selective, primarily limiting membership to public leaders, media influencers, creatives and civic entrepreneurs, according to the release. La Serre closed in 2020 after it was unable to recover from the COVID-19 lockdown. Albany Times Union via Getty Ima The restaurant will also include a secluded 'War Room' — which shares its name with another restaurant owned by Shapiro — that will be reserved for politicians' off-the-record meetings. Advertisement The new and improved La Serre will include a rooftop terrace and renovated interior, likely shifting away from the upscale, green leather-laden atmosphere of the old restaurant and gravitating towards something more 'clubby,' per the release. Trimble founded the restaurant alongside her late husband, Geoffrey, who passed away in 2005. She managed the restaurant with her son, John, up through its closure, the Times Union reported.
Business Wire
43 minutes ago
- Business Wire
KKR Forms A$500 Million Strategic Partnership with CleanPeak Energy to Launch New Distributed Energy Platform
SYDNEY--(BUSINESS WIRE)--Global investment firm KKR today announced the signing of definitive agreements under which funds managed by KKR will commit A$500 million to strategically partner with CleanPeak Energy ('CleanPeak') to rapidly grow its distributed energy platform. KKR's investment will support CleanPeak in growing and developing a pipeline of distributed solar, battery storage and micro‑grid solutions for Australia's commercial and industrial ('C&I') sector. Co-founded by Philip Graham and Jon Hare in 2017, CleanPeak is a leading provider of fully financed, integrated solar‑and‑storage systems for blue‑chip corporates across Australia. The company operates over 50 distributed generation sites across Australia including over 140MW of Solar Assets and 35MWH of Battery Energy Storage System ('BESS') projects, and is currently delivering over $200m of construction projects in the sector. 'Australia's C&I energy market is at an inflection point as corporates seek bankable pathways to better energy efficiency, reliability and affordability,' said Neil Arora, Partner and Head of KKR's Climate Transition strategy for Asia. 'By combining CleanPeak's proven operating platform with KKR's global network, operational expertise, and deep experience across our energy and infrastructure teams, we are well positioned to unlock significant opportunities for corporate customers looking to decarbonise and reduce their energy bills.' CleanPeak Chief Executive Philip Graham welcomed the strategic partnership, 'KKR is a perfect strategic partner for us as we seek to rapidly expand renewable energy solutions for our customers. They bring deep energy transition expertise, financial strength and a partnership mindset that will allow CleanPeak to continue to offer net zero solutions at the same time as accelerating our growth plans through bolt‑on acquisitions. Together, we will deliver reliable, lower‑carbon energy for corporate Australia.' 'CleanPeak's distributed energy approach reduces network costs which make up a significant portion of the all-in cost of retail electricity and results in more competitive power prices for our customers,' said Jon Hare, CleanPeak's Chief Operating Officer. KKR is making this investment from its Global Climate Transition strategy. This investment marks the strategy's first in Asia-Pacific and its sixth transaction globally, underscoring KKR's conviction in the energy‑transition opportunity set. Since 2010, KKR has committed more than US$34 billion in climate and environmental sustainability investments. Past investments have included Zenobē, a UK-based transport electrification and battery storage solutions specialist; EGC, an energy service provider in Germany; Dawsongroup, an independent asset leasing business which provides a diverse range of business-critical solutions; Avantus, a solar and solar-plus-storage developer in the US; and IGNIS P2X, an industrial decarbonisation platform. The transaction is expected to close in H2 2025, subject to customary regulatory approvals. About KKR KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR's insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR's investments may include the activities of its sponsored funds and insurance subsidiaries. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR's website at For additional information about Global Atlantic Financial Group, please visit Global Atlantic Financial Group's website at About CleanPeak CleanPeak is a specialist renewable energy company in Australia empowering large industrial & commercial businesses to reduce their carbon emissions & transition to net zero. CleanPeak specialises in designing, building, owning and operating renewable energy assets, and associated infrastructure. By integrating state-of-the-art solar, battery and thermal energy assets, CleanPeak delivers energy solutions that are affordable, reliable and sustainable. CleanPeak's operating portfolio consists of over 40 MW of rooftop solar, 100 MW of utility solar projects and 35 MWh of battery projects, as well as microgrids providing energy and thermal services for more than 1,000,000 square meters of floorspace. CleanPeak has a further 100 MW of solar and 300 MWh of battery projects in the pipeline. CleanPeak's internal EPC capability drives superior design and delivery outcomes, tailored to the needs of individual clients. Our asset management capabilities are underpinned by proprietary IT systems that optimise performance, efficiency, and resilience. With its own retail electricity license, CleanPeak is uniquely positioned to supply power directly to end-users, offering flexible, customer-first retail solutions that minimise cost and carbon footprint. Whether it is powering large commercial precincts or integrating behind-the-meter solutions, CleanPeak connects the dots from project design through to renewable generation and distribution. For additional information about CleanPeak, please visit
CNN
43 minutes ago
- CNN
‘Tesla Takedown' protestors have a new target: Elon Musk's Tesla Diner
For months, protesters have gathered outside Tesla showrooms in response to Elon Musk's role in reducing US government spending as part of the Department of Government Efficiency. This weekend, protesters in Los Angeles found a new destination: Musk's new 24-hour Tesla Diner in the Hollywood area. Musk had touted the concept of an 'old school drive-in, roller skates & rock restaurant' in 2018. Since opening on Monday, the retro-futuristic diner with electric vehicle-charging stations has had long lines of customers who are served burgers in Cybertruck-designed boxes. One customer posted to YouTube that he waited 11 hours for the restaurant to open. But Joel Lava, who has helped organize 'Tesla Takedown' demonstrations and has spearheaded protests at the diner, believes that protests could continue throughout the summer and that the buzz around the new restaurant will soon die down. '(Customers are) waiting 11 hours so they can have Tesla-brand burgers and fries,' Lava told CNN. 'This is the world's most renowned anti-trans advocate who just opened a diner in West Hollywood. The community is not very supportive of Elon.' Lava estimates as many as 75 demonstrators joined the diner protest on Saturday. He said organizers began planning protests for this weekend after the diner abruptly opened on Monday. 'Our main message is Tesla funds fascism. Elon Musk, via DOGE, has destroyed our government agencies and people's jobs, and people are dying around the world because of him,' Lava said. Tesla did not immediately respond to CNN's request for comment. Lava said protest attendance for Tesla Takedown events peaked at the end of March, but has 'been going strong.' Protests outside of Tesla showrooms across the United States have remained a weekly staple in many cities, with 40 protests planned on the 'Tesla Takedown' website for the weekend. 'We've already been successful in tarnishing the Tesla brand,' he said. During last week's second-quarter earnings call, Musk highlighted Tesla's future — not its gloomy present-day — by reaffirming ambitious plans for the company's robotaxi service and mass production of its humanoid robot, Optimus, which was serving popcorn at Musk's diner. Tesla's auto revenue fell 16% from April to June and overall revenue was down 12%, according to its earnings report. Sales of its best-selling Model Y and Model 3 fell 12% compared with a year ago, while sales of its more expensive models, including the Cybertruck, plunged 52%. Shares of Tesla (TSLA) were down more than 4% last week, closing at $316.06 on Friday, after falling 9% on Thursday. Since peaking at $479.86 on December 17, Tesla shares have plunged 34%. CNN's Chris Isidore contributed to this report.
